5/11 Payne Street, Caulfield North VIC 3161

3-bed townhouse on shared site | 2 car spaces rare for format | Zoned to Malvern Primary and Glen Eira College | Low-maintenance family option in premium suburb This townhouse offers a configuration that is competitively scarce in Caulfield North: three bedrooms, two bathrooms, and two dedicated car spaces within a low-maintenance format. The property sits on a larger shared site, which provides a sense of space and privacy uncommon for attached dwellings of this age. It is best suited to families seeking school-zone access, downsizers wanting single-level practicality without sacrificing parking, or professionals looking for a lock-and-leave home in an established inner suburb. The 1993 build year and reported internal area of roughly 135 square metres place it in a practical, functional segment of the market that tends to attract steady owner-occupier demand. The shared landholding may limit the buyer’s ability to modify external areas or extend, which could affect long-term value growth compared to freestanding houses. The absence of verified renovation history or premium finish details means the property’s condition at inspection will be a key factor in price negotiation. Orientation and solar exposure are unconfirmed, so potential heating or cooling costs should be assessed directly. These factors may influence final value but do not detract from the property’s core strengths for the right buyer.